Budget/Finances
Page Navigation
- Pine-Richland School District
- Budget Archives
- 2016-2017 Budget
Budget Communications Center
-
Upcoming Finance Committee MeetingsUpcoming budget meetings will be listed below and will be held from 6-7 p.m.
- December 11, 2017
- February 19, 2018
- April 16, 2018
- May 14, 2018 (Tentative)
The meeting timeline will be constructed to allow 30 days beween the vote on the proposed final and final budget from May to June.The meetings will be held in the DeWitt Blank Conference Room, which is located in the PRSD Central Offices, 702 Warrendale Rd. in Gibsonia.
Highlighted Resources
-
Board Approves Budget for 16-17
The board approved the General Fund Budget on June 6, 2016 for the 2016-2017 school year with total expenditures of $80,194,586 and total revenues of $80,032,341 with an assigned fund balance utilization of $162,245 for capital improvements, and to establish the following tax rates for the fiscal year 2016-2017: 1. Real Estate Tax rate of 19.2083 mills 2. Earned Income Tax of 0.5% 3. Act 511 Per Capita Tax of $5.00 for individuals age 18 and older 4. Pennsylvania School Code Per Capita Tax of $5.00 for individuals age 18 and older. -
Board Approves Homestead & Farmstead Exclusion Resolution
The board approved tge 2016 Homestead and Farmstead Exclusion Resolution. State property tax relief provided by gaming funds is revenue neutral to the school district. This calculation provides for a reduction in assessed value for each approved homestead within our community. The calculation of tax relief is based on the state property tax reduction allocation and millage rate which will be set by the school board for 2016 real estate tax bills.
-
Proposed Final General Fund Budget for 16-17
The board approved advertisement of the Proposed Final General Fund Budget for 2016-2017 school year with total expenditures of $80,118,581 and total revenues of $79,682,618 and a utilization of assigned fund balance of $435,963 for capital improvements. The budget will be on display at the Northern Tier Library and at the Pine-Richland Central Offices Front Desk from May 3, 2016 - June 6, 2016. -
Athletic Facilities Master Plan Town Hall
Pine-Richland School District and VEBH Architects discussed the ongoing Pine-Richland Athletic Facilities Master Plan while gathering input on improving district indoor and outdoor athletic facilities. Athletic and physical education experiences are an important part of the belief learning occurs inside and outside the classroom. While we embrace these notions, we want to be strategic and fiscally responsible in our approach.
2015-2016 Budget Archive
2015-2016
2016-17 Budget Center
2016-2017
-
Bond Rating Upgraded to Aa3
Moody's Investors Service recently conducted a bond rating review of the Pine-Richland School District. The underlying bond rating was upgraded on May 6, 2016 to Aa3 from A1. Moody's indicated the upgrade was a result of reserves and liquidity, strong management with conservative practices, and large tax base with modest growth. Additionally, Moody's noted a further upgrade could result with a reduction in debt burden and growth in tax base.
-
Proposed Final General Fund Budget for 16-17
The board approved advertisement of the Proposed Final General Fund Budget for 2016-2017 school year with no anticipated tax increase.